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Business

Starbucks' Schultz Sees Sweeping Retail Consolidation

As U.S. retailing consolidates, Starbucks sees adding 12,000 stores worldwide through 2021.

clock 5hDavid Moin and Evan Clark

Business

Jewelry Brand Kendra Scott Puts Stake on the Block

The Austin, Tex.-based jeweler could be valued at $1 billion or higher in the Jefferies-run process.

clock 8mEvan Clark

Business

Hear J. Crew's Mickey Drexler Getting Succession-Minded

J. Crew Group is working to improve its business and moving to create a succession plan.

clock 9hDavid Moin

Big Deal for Talbots: A New Majority Owner And Firm Slashes Debt

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Overview

One leader of the misses’ retail market has a new majority owner and a lot less debt.SEE LIST AT LEFT FOR ALL OF THIS ISSUE'S ARTICLES

From This Issue

Financial

Claire’s Moves into Black in 3rd Qtr.

Cost cutting and higher initial markup help reverse year-ago loss.

clock December 3, 2009Matthew Lynch

A.G. Lafley

Beauty Features

A.G. Lafley to Retire as P&G Chairman

At P&G, the A.G. Lafley era has ended. Robert McDonald will succeed Lafley.

clock December 8, 2009Andrea Nagel and Molly Prior

Shares of Talbots gained more than 14 percent Tuesday.

Financial

Talbots Gets New Owner, Slashes Debt

Talbots, a leader of the misses retail market, has a new owner in BPW and a lot less debt.

clock December 8, 2009Alexandra Steigrad

Retail

Simon Property Buys Prime Outlets

Deal is valued at about $2.33 billion.

clock December 8, 2009David Moin

Sam Freilich, Gia Coppola, Nathalie Love and Daniel Pappas.

Parties

Mulberry and Flashy Fans Party Down

Kate Bosworth, Emma Hill, Gia Coppola, Nathalie Love and Lily Collins shimmied the night away at L.A.’s Bungalow One.

clock December 8, 2009WWD Staff

Fashion Features

Women’s Retailer Mary Hamrah, 97, Dies

Mary Hamrah, who transformed a small shop for children’s clothing into a luxury designer emporium, died of heart failure at her New Jersey home on Sunday.

clock December 9, 2009Sharon Edelson

Designer and Luxury

Obit: Henry S. Miller Jr., Former Luxury Center Owner

Henry S. Miller Jr., a Dallas real estate magnate, made Highland Park Village a top shopping destination.

clock December 9, 2009Holly Haber

Shoes and champagne at the Lanvin boutique opening in Bal Harbour.

Designer and Luxury

Lanvin Opens in Bal Harbour

Lanvin hosted a party last week during Art Basel to celebrate its first U.S. store.

clock December 9, 2009Rebecca Kleinman

Financial

Global Brands Liquidates

Global Brands, the investment firm founded by Horowitz, Stroll and Idol, is liquidating and will return money to shareholders.

clock December 9, 2009Evan Clark

President Barack Obama

Government and Trade

Industry Gives Obama Thumbs-Up For Job Proposals

President Barack Obama outlined a broad package of stimulus and job measures that focused on deeper tax breaks for small businesses.

clock December 9, 2009Kristi Ellis

Business Features

CIT Expected to Exit Ch. 11 Thursday

CIT said it expects to exit bankruptcy this week after a court approved its prepackaged plan of reorganization.

clock December 9, 2009Vicki M. Young

Financial

Sales Help Rue21 Double Income

Teen retailer Rue21 said Tuesday third-quarter income skyrocketed 106.7 percent.

clock December 9, 2009Vicki M. Young

Financial

Retail Stocks Dip 0.8 Percent Tuesday

Retail stocks retreated yesterday as investors kept a wary eye on Dubai.

clock December 9, 2009Evan Clark

Ready To Wear

Coalision Eyes European Expansion

Bernard Mariette, chief executive officer of Coalision Inc., the company that owns apparel and outerwear brands Orage and Lolë, has Europe in his sight.

clock December 9, 2009Elena Berton

Jane Elfers

Fashion Scoops

New Gig for Elfers?… YSL’s Chic Duplex for Sale… Celebrity Attire…

Children’s Place is close to naming a new ceo and sources say Jane Elfers is high on its list.

clock December 9, 2009WWD Staff

A poster for the Saut Hermès at the Grand Palais, anamorphée.

Designer and Luxury

Hermes Partners on Equestrian Event

Ceo Patrick Thomas said at a press conference, “The roots of Hermès are linked to saddles.”

clock December 9, 2009Natasha Montrose

A sample e-mail from Cynthia Steffe.

Technology

Visuality E-Mail Program Boosts Fashion Orders

Visuality, a simple Web-based e-mail program with pictures, is increasing sales for fashion brands and changing how they sell.

clock December 9, 2009Cate T. Corcoran

Tavi Gevinson at Maria Cornejo.

Media

L’il Tavi Writes for Harper’s Bazaar… Digital Newstand Boots Up…

Pint-size fashion blogger Tavi Gevinson, friend of Kate and Laura Mulleavy and Marc Jacobs, is about to get a much broader platform for her fashion musings.

clock December 9, 2009WWD Staff

Men’s Wearhouse is running buy-one-get-one-free promotions.

Financial

Men’s Wearhouse to Continue Promotional Posture

Aggressive price stance at Men’s Wearhouse is putting its bottom line at risk.

clock December 9, 2009Jean E. Palmieri

One of the world’s largest natural pearls, measuring two inches high and several centuries old.

Jewelry

All In the Family: Conference Touts Heirlooms

New York Fashion and Design Conference focused on heirloom jewelry, particularly pearls and gemstone, as sustainable design.

clock December 9, 2009Sarah Haight

Nanette Lepore and Robert Savage

Ready To Wear

Nanette Lepore Stumps for the Garment Center

Designer Nanette Lepore and Robert Savage give speech about Garment Center and zoning laws at conference on heirlooms and sustainability.

clock December 9, 2009Venessa Lau

Gatorade has dropped its Tiger Focus drink.

Marketing and Promotion

Tiger Woods’ Image Problem

After Tiger Woods’ much-publicized crash, PepsiCo Gatorade announced it was dropping its Gatorade Tiger beverage.

clock December 9, 2009Valerie Seckler and Stephanie D. Smith

Rocco Laspata and Charles DeCaro

Marketing and Promotion

Q and A: Rocco Laspata and Charles DeCaro

Laspata and DeCaro recently spoke with WWD about new ad campaigns.

clock December 9, 2009WWD Staff

Retail

Hudson’s Bay in Li & Fung Deal

The Hudson’s Bay Trading Co. beginning next year will utilize Hong Kong-based global consumer goods exporter Li & Fung Ltd. as its sole sourcing agent.

clock December 9, 2009David Moin

A handbag from Stuart Weitzman.

Handbags

Stuart Weitzman Entering Handbag Market

Footwear designer Stuart Weitzman is venturing into the handbag market.

clock December 9, 2009Caroline Tell

Financial

Retailers Get $1.1B Payment in Antitrust Case

Wal-Mart Stores Inc., Sears and The Limited Inc. and many other chains to benefit from Visa and MasterCard antitrust settlement.

clock December 9, 2009Kristi Ellis

Carolina Herrera

Designer and Luxury

CH Carolina Herrera to Open on Madison

Carolina Herrera says she is “in heaven” about the location of her new boutique.

clock December 9, 2009Sharon Edelson

Legal

NYC Counterfeit Raid Yields Big Haul

Officials seize goods yesterday bearing the marks of Gucci, Coach, Chanel and other brands in Chinatown.

clock December 9, 2009Matthew Lynch

Maison Martin Margiela RTW Spring 2010

Designer and Luxury

Margiela Exits Margiela

Belgian designer Martin Margiela is hanging up his scissors, and his lab coat, for good.

clock December 9, 2009Miles Socha

Financial

Daily Stock Wrap: December 08, 2009

The day’s top gainers and losers.

clock December 9, 2009WWD Staff

Essentialist

Today's Must Read

Raf Simons

Fashion

Calvin Klein’s Amy Mellen, Senior VP of Home, Is Leaving

clock 6hLisa Lockwood

Social Studies